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] HipMojo.com » The Subjectivity of the Stock Market

The Subjectivity of the Stock Market

From FT, via CompleteTosh:

“‘If the chief executive of Nokia had stood up and said he was launching a phone that was big and heavy, had no keyboard, was only 2G and not available for six months, he would have been crucified,” says Ben Wood, an analyst at CCS Insight. ‘It is unique that Apple have been able to get away with that.’

That’s precious, especially when you consider that subsequent to Steve Jobs’ announcement, the market added $24B to Apple’s market cap.

Tags: Apple, Gadgets & Accessories, Hardware, Internet & Web, Investing, Management, Nokia, Wireless|
Posted By: Ashkan Karbasfrooshan | Jul 1st

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